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I’m not sure if it encourages saving but I can’t think of another way to tackle the debt that is more fair to people starting out and that incentivizes people t
by pylua 3y ago
I’m not sure if it encourages saving but I can’t think of another way to tackle the debt that is more fair to people starting out and that incentivizes people to participate in the economy.
- cycrutchfield 3y agoHow is it fair to the people who worked hard to earn that wealth over the course of their lifetime?
- pylua 3y agoIt’s not a fair situation to anyone — honestly it is a sad scenario. To be clear a special assessment does not imply that a higher wealth person pays a higher percentage of their wealth. I am not advocating for that. It should be pointed out that people who currently work hard aren’t rewarded the same way people were when a lower tax environment existed. Do you think that is fair , if the taxes were raised significantly to cover the debt ? Specifically debt that the government accumulated before you even entered the workforce.